Google Settles Pharmacy Ad Probe for $500 Million
Google Inc. has reached a $500 million legal settlement with the U.S. Justice Department to avoid prosecution over allegations that it knowingly accepted hundreds of millions in ads from rogue online pharmacies.
The Justice Department said that the forfeiture was one of the largest ever in the U.S. and represented the gross revenue received by Google as a result of Canadian pharmacies advertising on Google, plus gross revenue made by Canadian pharmacies from their sales to U.S. consumers.
